Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h −0.039%
Price spread now: BloFin against GRVT−0.167%102s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1761.758% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)−0.345%−$35 · spread now −0.167%, 7d avg −0.084%
=Together, before fees−0.549%+ Points / potential airdropGRVT: Active · farm board−$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.083% cheaper against GRVT than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.084%). If the spread goes back, that is −$8 on $10k: about 30 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POPCAT_USDT_Perp | 0.05616 | 0.0116 | pay 0.0058% / 4h | 1h 35m | $251K | $495K | 10x |
| Short | BloFin POPCAT-USDT | 0.05607 | 0.0340 | get 0.0170% / 4h | 1h 35m | $123K | $324K | 50x |
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $47.04
- Price spread: −0.167% → −0.084%
- −$8.32
- Slippage, 4 orders
- −$154.78
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.06
- Costs to cover
- 1.758%
- Break-even
- 27.4 days
Slippage from GRVT: live order book, 27 min ago; BloFin: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 27 min ago | 2.67 bp | 60.9 bp −$61 | 33945.7 bp −$339.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.56 bp | 21.9 bp −$22 | 60.4 bp −$604 | doesn't fit | doesn't fit |
POPCAT on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.4257% | 1h | 0.05560 | −1.004% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05642 | +0.452% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0078% | 4h | 0.05610 | −0.106% | $507K | $161K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05634 | +0.314% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05643 | +0.477% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05636 | +0.350% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05655 | +0.688% | $697K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05635 | +0.332% | $446K | $637K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05640 | +0.421% | $1.8M | $954K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05639 | +0.403% | $1.1M | $986K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05651 | +0.617% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05643 | +0.474% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05620 | +0.065% | $22K | $652K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05637 | +0.366% | $96K | $529K | 10x | as long as short |
| GRVT POPCAT_USDT_Perplong | +0.0116% | 4h | 0.05616 | long leg | $251K | $495K | 10x | |
| Kraken Futures PF_POPCATUSD | +0.0295% | 1h | 0.05619 | +0.051% | $151K | $146K | 20x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05607 | −0.167% | $123K | $324K | 50x | |
| Hyperliquid POPCAT | +0.0896% | 1h | 0.05653 | +0.647% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT